Trustee: New York Trust Company.
Legal for Trust Funds in New York.
—
Appraised: Land by Cushman & Wakefield, Inc, Building by
Dwight P. Robinson & Co. and land and building by
Fenimore C. Goode, in excess of $2,200,000.
Assessed 1930: $1,800,000.
Guarantee: The Allerton Corporation guarantees the payment
of these bonds.
Security: Fee estate in plot of ground at the northeast corner
of Madison Avenue and 55th Street, 75.4 x 100, 7,541 square
feet, and the 17-story-and-basement men’s hotel erected
thereon. i
Earnings: First full year of operation, 1928, showed net earn-
ings of $183,650, and fixed charges (interest and amortiza-
tion) amounted to $81,391—being earned 2.26 times. Earn-
ings for 1929 are not yet reported.
Trinity Court Building
(New York City)
First Mortage Fee 6% Serial’ Certificates
Amount: $1,600,000; retired, $16,000; outstanding, $1,575,750.
Dated: March 1, 1926.
Maturities: 1929 to 1941-—Final March 1, 1941.
Interest: March and September 1st.
Denominations: $1,000, $500 and $100.
Taxes: 2% Federal—Penn., R. I, Conn, Maryland, Ky., Mass,
Redemption: 104 to 1931; then 103 to 1936: then 102 to 1939;
thereafter 101.
Trustee: Guarantee Trust Company of New York.
Legal for Trust Funds in New York.
Appraised:
Cross & Brown....
Ames & Co. ...cvviiieinnnen
Assessed 1930: $1,700,000. 3
Security: Fee estate in land at 70 to 76 Trinity Place, New
York City, extending back to Greenwich Street, and the
JA